The Calvo contract Phillips Curve is widely indexed for general inflation, using either core inflation or other … that optimal indexation would by contrast use the rational expectation of inflation. If this scheme is implemented, the …

growth, the 2 oil shocks, the increase of employer’s social contribution and the change in the inflation target of the …

The main purpose of this paper is to make a detailed analysis of the quantified expected inflation series obtained from … mechanism is far from being satisfactory. Therefore, a new augmented model. in which one lag of inflation, exchange rate …

This paper uses the P-star model to explain inflation dynamics in Turkey. In P-star models, money plays an important … information for explaining inflation dynamics. Moreover, the model selection criterion that compares the empirical performance of …

As a guide for the conduct of monetary policy, most central banks make use of a trend inflation index similar to that … reference index, some central banks regularly publish statistical measures of the trend rate of inflation. The method used for … temporary shocks to the inflation rate, rather than its underlying trend. In this paper, the author offers a broad survey of …